SWIFT's Sanctions Screening service has hit the 500th customer milestone. The service screens financial transactions in real-time against more than 30 lists from...

The rough seas battering the global shipping industry are not likely to ease soon, insurer Euler Hermes said. Insolvencies in the container sector rose by more than...

South Korea is sticking to its hard-line stance on Hanjin Shipping, leaving the company to fend for itself. Its main creditor, the Korea Development Bank, has also...

The Development Bank of Latin America (CAF) and the New Development Bank (NDB) have sealed a memorandum of understanding (MoU) to work together on infrastructure and...

In the run-up to Sibos 2016, Societe Generale Global Transaction Services' Emmanuel de Bouard, global head of cash clearing services, discusses: "Reinventing...

Deutsche Bank has made two trade finance hires in its Asia Pacific team. Jae-Sun Rah has been appointed director, head of trade finance and working capital advisory -...

Arab lenders had been witnessing withdrawal of correspondent banking relationships (CBRs) with the foreign counterparts - especially in the US, the UK, Germany -...

Italian ECAs Sace and Simest have announced a major integrated initiative to assist the expansion in Turkey of Serioplast, a Bergamo-based producer of rigid...

Due to the political and economic uncertainty surrounding Pakistan, international financing has been hard to come by for the South Asian country. Nonetheless,in July...

The Access Bank UK, a wholly-owned subsidiary of Access Bank, a Nigerian Stock Exchange-listed company, expects to see strong growth in its trade finance business linking...

The South African export credit agency, Export Credit Insurance Corporation (ECIC), is seeking to expand its role to become an "eximbank", enabling it to make...

The European Bank for Reconstruction and Development (EBRD) is providing the Polish papaer producer Artic Paper with a €30m loan to finance investment in energy...

The US Treasury Department's Office of Foreign Assests Control  has exapnded US sanctions relating to Russia highlighting the need for due diligence and other...

Japan's latest pledge to commit $30 billion in public and private support for infrastructure development in Africa is a "politically motivated" move to ensure the Asian...

A Texan bankruptcy court is now examining a restructuring plan for the SH130 toll road, which has become a fascinating case study into the dangers of using Public-Private...

German development bank KfW has agreed to cover about 65% of US-based Silicor Materials' project to build a $1 billion plant in Iceland to produce solar-grade...

The China Development Bank has issued an expression of interest to Aspire Mining to fund up to 70% of the engineering, procurement and construction contract for a...

Global law firm Hill Dickinson has hired Caroline Thomas, an insurance, shipping and competition law specialist, as a partner in Hong Kong. She joins from Holman...

The China Export and Credit Insurance Corporation (Sinosure) is keen to increase its cover to support public and private sector infrastructure projects in Zimbabwe.

Moody's says in a new report that export finance loans backing European covered bonds benefit from robust credit quality due to their guarantees by export credit...